unicorn

“The unicorns come out, and here's our high valuations. Well, their valuations are coming down. And I think that kind of hurts the VC marketplace. So raising series B is, is more difficult.”

“Kind of back towards that same Cowboy Ventures analysis, 90% of those unicorns never pivoted.”

“And if you look at a lot of unicorns, for example, something that cowboy ventures did analysis on, you know, they 90% of those teams that actually worked together in the past and the average founder age is actually 34.”

“And so we're able to come in and be that senior strategy layer that's, you know, helped grow 10 plus unicorns a year.”

“So in a Unicorn, you get a billion dollars valuation. Founders probably end up owning 10% of the company. That's a hundred million. You build a Proficon. You build a hundred million dollar revenue, ah, valuation company. If you own most of it, that's the same …”